Daily Progress: Bank OZK (OZK) Drop -0.79, Closing at 40.31

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In the latest session, Bank OZK (NASDAQ: OZK) closed at $40.31 down -0.79% from its previous closing price of $40.63. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 0.83 million shares were traded. OZK stock price reached its highest trading level at $40.865 during the session, while it also had its lowest trading level at $40.17.

Ratios:

For a deeper understanding of Bank OZK’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on May 29, 2024, Downgraded its rating to Sell and sets its target price to $37 from $57 previously.

Raymond James Upgraded its Mkt Perform to Outperform on January 05, 2024, while the target price for the stock was maintained at $58.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OZK now has a Market Capitalization of 4573733888 and an Enterprise Value of 3215656960. As of this moment, Bank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.69, and their Forward P/E ratio for the next fiscal year is 6.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 2.257.

Stock Price History:

The Beta on a monthly basis for OZK is 1.19, which has changed by 0.00273633 over the last 52 weeks, in comparison to a change of 0.24822903 over the same period for the S&P500. Over the past 52 weeks, OZK has reached a high of $52.36, while it has fallen to a 52-week low of $34.76. The 50-Day Moving Average of the stock is -3.33%, while the 200-Day Moving Average is calculated to be -7.95%.

Shares Statistics:

For the past three months, OZK has traded an average of 1.53M shares per day and 1204190 over the past ten days. A total of 113.15M shares are outstanding, with a floating share count of 106.24M. Insiders hold about 6.34% of the company’s shares, while institutions hold 85.40% stake in the company. Shares short for OZK as of 1722384000 were 14632888 with a Short Ratio of 9.55, compared to 1719532800 on 13606831. Therefore, it implies a Short% of Shares Outstanding of 14632888 and a Short% of Float of 13.859999.

Dividends & Splits

According to the company, the forward annual dividend rate for OZK is 1.54, from 1.5 in the trailing year. Against a Trailing Annual Dividend Yield of 0.036918532The stock’s 5-year Average Dividend Yield is 3.33. The current Payout Ratio is 24.17% for OZK, which recently paid a dividend on 2024-07-12 with an ex-dividend date of 1720742400. Stock splits for the company last occurred on 2014-06-24 when the company split stock in a 2:1 ratio.

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